Business
NEW AIRCRAFT DELIVERY
Avation PLC has successfully delivered a new ATR 72-600 aircraft to South Korean airline SUM Air on December 29, 2025, marking the airline's first ATR aircraft. This delivery is part of a twelve-year lease agreement and is one of ten new ATR 72-600 aircraft Avation ordered in 2024. The unencumbered aircraft represents Avation's entry into the South Korean market with SUM Air as its first customer. Disclaimer*
About this update from Avation Plc
[{"type":"text","content":"\n\n Via RNS and SGXNET\nAVATION PLC\n(\"Avation\" or \"the Company\")\n \nNEW AIRCRAFT DELIVERY\n \nAvation PLC (LSE: AVAP), the commercial passenger aircraft leasing company is pleased to announce that it has delivered a new ATR 72-600 aircraft to South Korean airline, SUM Air. The aircraft will be the first ATR aircraft in SUM Air's fleet. The aircraft is on twelve-year lease and was delivered on the 29th of December 2025, further to the Company's announcement of 3 September 2025.\nThe aircraft is one of the ten ATR 72-600 new aircraft ordered by Avation in 2024 pursuant to the exercise of Purchase Rights with ATR. \nJeff Chatfield, Executive Chairman of Avation PLC, commented: \"we are pleased to purchase this aircraft, which is currently unencumbered and which has been placed on lease with a new airline customer, SUM Air, for a twelve-year lease. SUM Air is our first customer in South Korea; we look forward to a long and successful business relationship with the airline.\"\n \n-ENDS-\nEnquiries:\nAvation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077\nAvation welcomes shareholder questions and comments and advises the email address for questions is: [email protected] and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 6252 2077.\nNotes to Editors: Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. More information on Avation is available at www.avation.net.\n \n\n","length":3177,"tagName":"div"}]